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World Bank Partners Ghana to Generate 500,000 Annual Jobs for Youth

World Bank Backs Ghana's Job Creation Drive

Story Highlights
  • The World Bank has pledged its support to Ghana in addressing the pressing issue of youth unemployment
  • This commitment was announced following a high-level meeting at the World Bank headquarters
  • Dr. Cassiel Ato Forson, warmly welcomed the World Bank’s support

The World Bank has pledged its support to Ghana in addressing the pressing issue of youth unemployment by backing a new Growth and Jobs Strategy aimed at creating over 500,000 job opportunities each year for young Ghanaians entering the workforce.

This commitment was announced following a high-level meeting at the World Bank headquarters between the Bank’s Managing Director of Operations, Anna Bjerde, and Ghana’s Minister for Finance, Dr. Cassiel Ato Forson (MP).

During their discussions, the two leaders explored plans for collaboration on the design and implementation of the strategy, which will focus on key areas such as job creation, skills development initiatives, and the promotion of inclusive economic growth across the country.

“This initiative reflects our shared priority of unlocking opportunities for young people,” stated Anna Bjerde, emphasizing the World Bank’s commitment to the partnership. “We are proud to work with Ghana on a strategy that will create jobs and build a stronger, more resilient economy.”

Ghana’s Minister for Finance, Dr. Cassiel Ato Forson, warmly welcomed the World Bank’s support, highlighting the critical importance of implementing bold and targeted interventions to effectively address the increasing number of young job seekers in the nation, including those in major urban centers like Kumasi.

“This partnership is a major step forward in our efforts to provide decent and sustainable jobs for our youth,” Dr. Forson affirmed, underscoring the potential impact of this collaboration on Ghana’s future economic landscape and the livelihoods of its young citizens.

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